SK Telecom, Joby Aviation sign a deal to build flying cars
Feb 08, 2022 07:08 am UTC| Business Economy
SK Telecom and Joby Aviation, a Californian venture-backed aerospace company, have revealed their partnership deal this week, and they are joining forces to develop flying cars. The latter is an air taxi startup firm, and...
Mercedes Benz fined $16.9M in S.Korea over gas emission issue
Feb 08, 2022 06:20 am UTC| Business Economy
Mercedes Benz was fined by South Koreas antitrust regulator on Monday, Feb 7. The German luxury automotive company must pay a ₩20.2 billion or $16.9 million penalty due to emission violations. According to Reuters, the...
Arms trade to Africa can be opaque: why this is dangerous
Feb 08, 2022 03:41 am UTC| Economy
Eolika, a Guyana-flagged cargo vessel, had already been detained in the port of Senegalese capital, Dakar due to inconsistent declarations. Authorities in the West African nation then searched the ship, seizing three...
How to camouflage $150 billion in government spending? Call it 'tax expenditure'
Feb 08, 2022 03:38 am UTC| Economy
This financial year the Australian government plans to spend at least A$150 billion on so-called tax expenditures tax concessions or exemptions applying to particular activities or classes of taxpayer. And thats just...
Adidas releases new LEGO-Block Superstars in red and blue colorways
Feb 08, 2022 02:37 am UTC| Economy Business
Adidas will again be releasing kids-exclusive Originals Superstars with LEGO tile details and a DIY LEGO model, this time dressed in black and red and black and blue accents. The company earlier released the classic...
Toshiba to sell stake in Carrier, split into two entities
Feb 08, 2022 02:14 am UTC| Economy Business
Toshiba plans to sell its joint venture stake in Toshiba Carrier Corp. to US-based Carrier Group for about $877 million as part of efforts for placating unhappy shareholders. The Japanese technology giant is also...
Gyeongju farmers increase the variety of subtropical fruits being produced
Feb 08, 2022 01:15 am UTC| Economy Business
Gyeongju is gaining popularity in growing subtropical fruits adding tangerines and other varieties commonly grown in the southern regions since the early 2010s. Tangerines are grown in greenhouses in Gyeongju, run by 24...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects